Shipping requires long-term strategies

In the Age of AI Trading, Long-Term Strategy Holds Ground

As automation redefines how exchange-traded funds (ETFs) are bought and sold, some of the most seasoned voices in wealth management are watching the trend with cautious interest. Gil Baumgarten, a 41-year veteran of the industry and President of Segment Wealth Management, is one of them. While algorithmic and AI-driven trading is gaining momentum, he’s not convinced it’s the right fit for every investment philosophy—particularly his own. Gil Ba…

Shipping requires long-term strategies

European Commissioner for Sustainable Transport and Tourism Apostolos Tzitzikostas told a shipping conference in Athens on Wednesday that the sector calls for smart planning with universal participation.